Cooperation Agreement
Party A: Shishi Feiying Plastic Co., Ltd
Party B: Jinjiang Yuanfeng Shoes Trading Co., Ltd
Whereas
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1.
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Party B is actively expanding market and has set multi sales networks in various places, so Party B is in great need of products for distribution and exhibition.
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2.
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Product price in the market is in an uptrend, Party B needs to stock some products to occupy advantageous position in the competition.
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3.
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Party B will increase purchasing products from Party A and gives preference to Party A.
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4.
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Party A shall fully understand what Party B does as stated above.
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The two parties come to the following agreement based on friendly negotiation:
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1.
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Party A agrees to postpone account period of batches of products of Party B to one year and Party B shall pay the loan to Party A in one year. Refer to the Appendix for the detailed order.
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2.
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Because the originally agreed account period is 150 days, for the longer occupation of funds due to account period postponement, Party B shall interest to Party A and the interest will adopt 15% discount of one-year bank interest rate in the same period; Interest-bearing time will be based on the actual occupation period.
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3.
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The interest shall be paid to Party A together with the loan on the specified day.
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4.
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All accounts involved are subject to the order attached.
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| Shishi Feiying Plastic Co., Ltd | Jinjiang Yuanfeng Shoes Trading Co., Ltd |
Seal  |
Seal  |
| January 10, 2011 | January 10, 2011 |
